IndiGo CEO to employees: Issues between promoters have nothing to do with airline, its functioning
PTI, Jul 10, 2019, 1:32 PM IST
New Delhi: Issues between promoters have nothing to do with IndiGo and its functioning, the CEO of the airline said in a letter to his employees, a day after a spat between the promoters of the country’s largest carrier became public.
“The issues between them will eventually get sorted out but I want to stress that these issues have nothing to do with the airline and its functioning,” Ronjoy Dutta said.
He said the airline’s mission, direction and growth strategy remains unchanged, and firmly in place.
“As much it is very important that we all remain focused on running high performance airline,” he said in the letter, asking the employees to continue their work as usual.
“Absolutely nothing has really changed for any of us, I will just go about doing my job to the best of my abilities, and I know I can count on you to do the same. Thank you for your dedication and efforts towards delivering our promise of on-time, courteous and hassle-free experience,” he said.
Rakesh Gangwal, one of the promoters of IndiGo, on Tuesday alleged serious governance lapses by its co-founder Rahul Bhatia, who had earlier termed his demands as unreasonable.
With the issues brewing for nearly a year, Gangwal sought markets regulator Sebi’s intervention to address the problems.
Alleging that the company has “started veering off” from the core principles and values of governance, Gangwal said that even a “paan ki dukaan” (betel shop) would have managed matters with more grace.
Flagging concerns about certain questionable Related Party Transactions (RPTs), Gangwal said the shareholders’ agreement provides his long-time friend Bhatia unusual controlling rights over IndiGo.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Reverse migration has begun, says FM Nirmala Sitharaman
Markets sustain winning streak — Sensex jumps over 560 points, Nifty tops 22,300-level
Sensex climbs 640 points, Nifty tops 22,300-level in early trade
Insurance regulator IRDAI abolishes age restriction on health insurance product
Elon Musk says India visit delayed due to Tesla obligations
MUST WATCH
Latest Additions
Building the future: Chowta’s ‘Navayuga Navpatha’ manifesto sets ambitious goals for DK
Hope to see my protege Padmaraj’s victory in my lifetime: Janardhana Poojary
Still capable of responding to needs of all people: Jayaprakash Hegde
Who would lead if US stepped off world stage? asks Biden
Why has BJP not responded to plight of areca nut-coffee growers, asks Jayaprakash Hegde